india tobacco company British American is ITC's largest shareholder with a 22.9% stake, followed by LIC at 15.9%, while the Government of holds 7.8% via SUUTI The First Cigarette – CALCUTTA

The First Cigarette CALCUTTA BY GASLIGHT A Case Study on ITC Indian Tobacco Company 1 8 India's national interest is tied to tobacco and it's a health epidemic. ITC, fka India Tobacco Limited, is a $50B company, 11th largest in India. $3B, or 40% of revenue and Global tobacco giants continue to dominate with massive market caps Philip Morris leads, while ITC secures India's spot in the global top 5. A sector driven by scale, brands, and evolving consumer

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